Massachusetts Lottery

MALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Massachusetts, your state will take 5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Massachusetts Powerball Jackpot/Cash Option for Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(5%)	$1,355,000
Net Lumpsum Payment	$15,757,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$47,411	$589,633
2	$995,652	-$328,722 -$49,783	$617,147
3	$1,045,422	-$347,137 -$52,271	$646,014
4	$1,097,712	-$366,484 -$54,886	$676,342
5	$1,152,585	-$386,787 -$57,629	$708,169
6	$1,210,230	-$408,115 -$60,512	$741,603
7	$1,270,710	-$430,493 -$63,536	$776,681
8	$1,334,277	-$454,013 -$66,714	$813,550
9	$1,400,994	-$478,698 -$70,050	$852,246
10	$1,471,050	-$504,619 -$73,553	$892,878
11	$1,544,571	-$531,822 -$77,229	$935,520
12	$1,621,809	-$560,400 -$81,090	$980,319
13	$1,702,890	-$590,400 -$85,145	$1,027,345
14	$1,788,066	-$621,915 -$89,403	$1,076,748
15	$1,877,463	-$654,992 -$93,873	$1,128,598
16	$1,971,333	-$689,724 -$98,567	$1,183,042
17	$2,069,865	-$726,180 -$103,493	$1,240,192
18	$2,173,374	-$764,479 -$108,669	$1,300,226
19	$2,282,049	-$804,689 -$114,102	$1,363,258
20	$2,396,142	-$846,903 -$119,807	$1,429,432
21	$2,515,968	-$891,239 -$125,798	$1,498,931
22	$2,641,779	-$937,789 -$132,089	$1,571,901
23	$2,773,827	-$986,646 -$138,691	$1,648,490
24	$2,912,553	-$1,037,975 -$145,628	$1,728,950
25	$3,058,146	-$1,091,844 -$152,907	$1,813,395
26	$3,211,110	-$1,148,441 -$160,556	$1,902,113
27	$3,371,634	-$1,207,835 -$168,582	$1,995,217
28	$3,540,222	-$1,270,213 -$177,011	$2,092,998
29	$3,717,252	-$1,335,714 -$185,863	$2,195,675
30	$3,903,102	-$1,404,478 -$195,155	$2,303,469